Posted: Sep 16, 2013 1:55 PM by MTN News
Updated: Sep 16, 2013 2:04 PM
Fedex Founder and CEO, Fred Smith urged business people at the summit to support an overhaul of the US tax system. It's something Senator Max Baucus is trying to push through congress.
"The tax system in the United States is broken. It invents financialization, leverage, private equity, speculation, excessive debt and discourages investment in manufacturing, big service companies like UPS and Fedex," said Smith.
Click here to hear Smith's complete remedy for curing the slow growth of the U-S economy.